This announcement is a correction to Rev. Proc. 2008-13, 2008-6 I.R.B. 407, published February 11, 2008, relating to maximum vehicle values for use with the special valuation rules under regulations section 1.61-21(d) and (e).
Section 1.01 is amended by deleting the amounts “$15,400” and “$16,700” and by substituting therefore the amounts “$15,000” and $15,900,” respectively.
Section 3.01 is amended by deleting the amounts “$15,400” and “$16,700” and by substituting therefore the amounts “$15,000” and $15,900,” respectively.
The principal author of this announcement is Don M. Parkinson of the Office of Division Counsel/Associate Chief Counsel (Tax Exempt & Government Entities). For further information regarding this announcement, contact Don M. Parkinson at (202) 622-6040 (not a toll-free call).
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